Verizon sells Yahoo and AOL to Apollo for $5 billion
Published
Yahoo and AOL are changing hands again.
Verizon, which purchased AOL in 2015 and Yahoo in 2017, is now selling them to private equity company Apollo Global Management for $5 billion.
Verizon merged AOL and Yahoo into a subsidiary called Oath in 2017, eventually rebranding it into Verizon Media. The new company, in which...